HEXPOL has acquired the business of Portage Precision Polymers Inc. from the founder Mr. Doug Hartley and his family. Doug Hartley started Portage Precision Polymers in 2002 and Portage Precision is today a well-known Rubber Compounder in the US market.…
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Cooper closes on sale of 65% ownership of Chinese plant
Cooper Tire & Rubber Co. today has closed on the sale of its 65% ownership in Cooper Chengshan (Shandong) Tire Co. (CCT) plant to Chengshan Group Co. for approximately $262 million. “With the closing, offtake agreements go into effect under…
Tannus invents new solid bike tyre
A South Korean company believes it has invented a tyre that might just change the world. Jonny Cooper test rides the Tannus Aither solid bike tyre to test their theory. Bicycle tyres are strange things. You rely on them every…
Arkema combines with TfS initiative
Arkema becomes the ninth member of the TfS initiative, founded in 2011 by BASF, Bayer, Evonik Industries, Henkel, Lanxess and Solvay. The initiative has been built over sustainability best practices, principles to which Arkema adheres such as United Nations Global…
ContiTech sets up 13 km conveyor belt in Europe
Faster, longer, more innovative: When it comes to peak performances, ContiTech knows a thing or two – and now has another achievement to add to its portfolio together with its partner Techmi. The longest conveyor belt in Europe recently went…
Trelleborg improves radial tyres in Mexico
Trelleborg Wheel Systems continued its push of radial tyre technology in Mexico, and demonstrated its radial tyres at the Expo Agroalimentaria from Nov. 11-14 in Irapuato, Mexico. Andrea Masella, marketing manager for Trelleborg Agricultural and Forestry Tires in North America,…
Kumho announces new range of winter tyres
Kumho Tire, Korea’s major tyre manufacturer, has introduced tyres for winter to help motorists steer their vehicles on snow-covered or icy roads. The company said its winter tyres are designed and manufactured for unexpected, harsh road conditions, stressing that motorists…
Smaller rubber glove makers in Malaysia faces headwinds
THE rubber glove industry is facing some headwinds as declining average selling prices crimp revenue and stiff competition compress margins, resulting in depressed earnings for some players in the industry. On top of that, the recent hike in natural gas…
AFET reports rubber price should rebound in 2015
The Agricultural Futures Exchange of Thailand (AFET) predicts rubber price should rebound to at least 60 baht per kilogram next year due to both internal and external supporting factors. AFET president Wiwat Teerawanichpong said the rubber price this year remains…
Unsteady Asian rubber prices obstructs sales
Asian rubber producers were reluctant to sell this week because of depressed prices and interest centred on the sale of rubber stockpiles by top producer and exporter Thailand. The stockpiles have been hanging over the market at a time when…